HSBC's decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar with the matter said, as CEO Georges Elhedery steps up cost-cutting efforts at ...

HSBC has decided to shut down its international payments app Zing a year after its launch, reported Reuters, citing undisclosed sources. The move is projected to result in about 400 redundancies as ...

The money transfer app, launched with initial plans to compete in the U.K. with fintechs like Wise and Remitly, will be ...

Zing was launched early last year and was intended to compete with the likes of Revolut and Wise ...

Zing, which was set up by James Allan, HSBC's head of foreign exchange and international payments, had an accompanying debit ...

HSBC’s (HSBC) international payment app Zing, launched in 2024, is about to close down, according to the Financial News’ Lars Mucklejohn. “HSBC is preparing to inform employees that it has ...

HSBC launched Zing - a mobile platform focused on cross-border ... which have sought to undercut big banks with lower transaction fees. The app was designed to complement HSBC's Global Money ...

HSBC is shuttering its international payments app Zing, which the bank launched a year ago to challenge fintechs such as Wise, PayPal and Remitly. “Following a strategic review within the HSBC ...